Can someone explain the effect on wage type processing for
each of the specifications for processing class 71 when they are added to a tax
model as tax classes?
How can I decide if I should include a tax class in a tax model if I don’t know the effect of
that tax class on how taxes are going to be calculated?
Request clarification before answering.
Hello Robin,
Each specification (tax class) of processing class 71 should be mapped to any one of the BSI Earning/Deduction/Benefit plan code. The tax classes should be designed in such a way that it matches with BSI codes.
BSI TUBs wage accessor changes states what are the changes to the particular BSI code, and same changes need to implemented in R/3 by changing the characteristics of that particular tax class in the taxability mdoel.
Taxability model should be designed in such a way that, it meets the legislation.
Thanks,
Beechu
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